Finance News & Insights

IRS offers new guidance on correcting HSA deduction errors

You know it’s a great one-two punch for containing healthcare costs: Pair a high deductible health plan (HDHP) with a health savings account (HSA). These days more and more employees are signing on, which means more contributions for your payroll team to handle. [Read more…]

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Docking pay for exempt employees: What’s allowed?

If your payroll people have trouble understanding the pay-docking rules laid out by the Fair Labor Standards Act (FLSA), assure them they’ve got a lot of company. The regs are pretty murky.   [Read more…]

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Almost audit-proof: 4 ways to safeguard your firm

No small business wants the IRS to come knocking on its door to conduct an audit. But many companies increase their chances of getting flagged by not doing all of these things.  [Read more…]

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